Pension & Risk Benefit Analyst

Job description

More about the role

About Us

At New Look, our mission is to help people look good and feel great. When it comes to people who work for us, we want individuals to express themselves in an environment where change and new ideas are celebrated. This is because we truly believe every person who works here contributes to our future and where we go.

About the Role

Role is intended to provide expertise in the processing of these key benefits. Focus on audit, third party relationships and internal customer communications

Key Responsibilities

·  Monthly audit of the pension employer and employee contributions, managing the data flow between payroll and pension providers
·  Monthly pension process of uploading the data to the pension provider
·  Challenge and provide recommendations for processes surrounding the administration of the pension and risk related benefits, specifically the starter and change of contract processes
·  Monthly audit of benefit take up and exceptions for all risk benefits
·  Resolve escalated queries from scheme members
·  Recommendations based on competitor information and market data on the benefit offering. Explore opportunities to maximise the use of current benefits
·  Third party management for pension and risk benefit providers
·  Annual benefit renewal process management, to include market information, internal strategic thinking and data accuracy
·  Management of the twice yearly benefit window for new entrants
·  Ad hoc support to the wider reward team

Desired profile

Experience & Skills

·  Technical DC pension knowledge
·  Highly numerate
·  Strong excel skills
·  Good customer focussed skills for stakeholder management
·  Experience of working in a fast paced reward team
·  Administration of risk benefits
·  Familiar with the market for these key areas